NOT LISTED FOR SALE

48 Elmwood Ave Rye, NY 10580

Estimated Value: $1,515,666 - $1,898,000

4 Beds
2.5 Baths
2,104 Sq Ft
$815/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,245,000 $592 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,888/month

99 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Granite Countertops
  • Rye Middle School Rated A+
  • 1 Fireplace
  • Porch

About This Home

As of October 2021

Location, Location, Location !Welcome to a wonderful Rye Beach neighborhood, just steps from Oakland Beach, Rye Town Park & Playland, where kids & families enjoy street sports, riding bikes, shooting hoops, street hockey, block parties, walking to Milton School and all the terrific amenities of Playland Market, On The Way Cafe, Rye Beach Pharmacy & Ralph's Wine Store! This Milton Point charmer is a true classic, offering a welcoming covered Front Porch, dreamy sun-filled Living Room w. stone wood-burning Fireplace, cozy Den/TV Room/Playroom with built-ins, bright Dining Room and Chef's kitchen with granite counter tops and door to rear yard. The 2nd floor boasts a large Master Bedroom w.ensuite Marble bathroom and 3 spacious & bright additional bedrooms with large Hall bathroom. The pull-down attic and the unfinished basement offer plenty of storage & extra usage possibilities. The cozy private back yard has room for a swingset, backyard sports/outdoor entertainment & relaxation.

Last Agent to Sell the Property

Fiona Dogan

Julia B Fee Sothebys Int. Rlty License #40DO1173555 Listed on: 04/08/2021

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,493

Year Built

  • Built in 1910 | Remodeled in 2012

Lot Details

  • 4,478 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Granite Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Milton Elementary School
  • Rye Middle School
  • Rye High School

Utilities

  • Central Air
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Selected Light Fixtures
  • Assessor Parcel Number 1400-146-019-00005-000-0024

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,493

Year Built

Built in 1910 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Selected Light Fixtures
  • Year Built: 1910
  • Year Built Effective: 2012
  • Attribution Contact: 914-967-4600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Interior Amenities: Granite Counters, Master Bath, Pantry, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Pull Stairs
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2104.00
  • Square Footage: 2104.00

Exterior Features

  • Construction Materials: Frame, Stone, Stucco
  • Fencing: Back Yard
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: On Demand
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.1000
  • Lot Size Sq Ft: 4478.00
  • Lot Size Units: Acres
  • Parcel Number: 1400-146-019-00005-000-0024
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-10-14
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 20493.00
  • Tax Map Number: 1400-146-019-00005-000-0024

MLS Schools

  • Elementary School: Milton School
  • High School: Rye High School
  • Middle School District: Rye

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Oct 14, 2021
Sold by
Macaluso Christopher C and Macaluso Irene
Bought by
Chen Bin and Xu Mingjuan
Seller's Agent
Fiona Dogan
Julia B Fee Sothebys Int. Rlty
List Price
$1,395,000
Sold Price
$1,245,000
Premium/Discount to List
-$150,000
-10.75%
Current Estimated Value
$1,713,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,917
Avg. Annual Appreciation
8.07%
Original Mortgage
$900,000
Outstanding Balance
$818,933
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$894,984

Purchase Details

Listed on
Mar 12, 2012
Closed on
Jul 10, 2012
Sold by
Witherspoon John R and Witherspoon Aimee
Bought by
Macaluso Christopher C and Macaluso Irene
Seller's Agent
Kathryn Delaney
Houlihan Lawrence Inc.
Buyer's Agent
Fiona Dogan
Julia B Fee Sothebys Int. Rlty
List Price
$1,125,000
Sold Price
$1,080,000
Premium/Discount to List
-$45,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$625,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2007
Sold by
Sfreddo Ryan P and Sfreddo Jennifer M
Bought by
Witherspoon John R and Witherspoon Aimee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,375
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 17, 2004
Sold by
Kovacs Stephen P and Kovacs Laura N
Bought by
Sfreddo Ryan P and Sfreddo Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1999
Sold by
Meyer Ronald P
Bought by
Kovacs Stephen P and Kovacs Laura N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,900
Interest Rate
6.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Bin $1,245,000 Future Title Agency Inc
Chen Mingiuan Bin $1,245,000 Future Title
Macaluso Christopher C $1,080,000 None Available
Witherspoon John R $1,202,500 Fidelity Natl Title Ins Co
Sfreddo Ryan P $952,500 Stewart Title
Kovacs Stephen P $391,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Mingiuan Bin $900,000
Closed Chen Bin $900,000
Previous Owner Macaluso Christopher C $625,000
Previous Owner Witherspoon John R $180,375
Previous Owner Sfreddo Ryan P $762,000
Previous Owner Kovacs Stephen P $351,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2021 10/14/21 Sold $1,245,000 -4.2% $592 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/09/2021 06/09/21 Price Changed $1,299,000 -3.8% $617 / Sq Ft
05/11/2021 05/11/21 Price Changed $1,350,000 -3.2% $642 / Sq Ft
04/08/2021 04/08/21 For Sale $1,395,000 +29.2% $663 / Sq Ft
07/10/2012 07/10/12 Sold $1,080,000 -4.0% $513 / Sq Ft View Prior Sale
04/09/2012 04/09/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $1,125,000 -- $535 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,786 $18,800 $3,800 $15,000
2023 $21,328 $18,800 $3,800 $15,000
2022 $20,659 $18,800 $3,800 $15,000
2021 $20,598 $18,800 $3,800 $15,000
2020 $20,346 $18,800 $3,800 $15,000
2019 $8,268 $18,800 $3,800 $15,000
2018 $15,046 $18,800 $3,800 $15,000
2017 $4,817 $18,800 $3,800 $15,000
2016 $7,692 $18,800 $3,800 $15,000
2015 -- $18,800 $3,800 $15,000
2014 -- $18,800 $3,800 $15,000
2013 -- $18,800 $3,800 $15,000
Source: Public Records

Agents Affiliated with this Home

  • Fiona Dogan

    Seller's Agent in 2021

    Fiona Dogan

    Julia B Fee Sothebys Int. Rlty

    (914) 414-5147

    35 in this area

    44 Total Sales

    Fiona Dogan
    Section Image
  • Kathryn Delaney

    Seller's Agent in 2012

    Kathryn Delaney

    Houlihan Lawrence Inc.

    (917) 747-4398

    3 in this area

    5 Total Sales

    Kathryn Delaney
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6097766

OneKey® MLS

APN: 1400-146-019-00005-000-0024

New York Westchester County Rye 10580

48 Elmwood Ave, Rye, NY

Not Listed for Sale

Detached

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